This statistic depicts the leading reasons for going over-budget during renovations among U.S. homeowners in 2015 and 2017. The survey revealed that deciding to buy more expensive products or materials was the top reason for renovations going over budget in 2017 at 42 percent, down from 45 percent in 2015.
Leading reasons for going over-budget during renovations among U.S. homeowners in 2015 and 2017
Characteristic
2015
2017
Decided to buy more expensive products or materials
45%
42%
Products or services were more costly than expected
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Houzz. (August 1, 2018). Leading reasons for going over-budget during renovations among U.S. homeowners in 2015 and 2017 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/449598/frequency-of-top-renovation-challenges-among-us-homeowners/
Houzz. "Leading reasons for going over-budget during renovations among U.S. homeowners in 2015 and 2017." Chart. August 1, 2018. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/449598/frequency-of-top-renovation-challenges-among-us-homeowners/
Houzz. (2018). Leading reasons for going over-budget during renovations among U.S. homeowners in 2015 and 2017. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/449598/frequency-of-top-renovation-challenges-among-us-homeowners/
Houzz. "Leading Reasons for Going Over-budget during Renovations among U.S. Homeowners in 2015 and 2017." Statista, Statista Inc., 1 Aug 2018, https://www.statista.com/statistics/449598/frequency-of-top-renovation-challenges-among-us-homeowners/
Houzz, Leading reasons for going over-budget during renovations among U.S. homeowners in 2015 and 2017 Statista, https://www.statista.com/statistics/449598/frequency-of-top-renovation-challenges-among-us-homeowners/ (last visited November 21, 2024)
Leading reasons for going over-budget during renovations among U.S. homeowners in 2015 and 2017 [Graph], Houzz, August 1, 2018. [Online]. Available: https://www.statista.com/statistics/449598/frequency-of-top-renovation-challenges-among-us-homeowners/